Coopetition Against an Amazon

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Tác giả: Ronen Gradwohl, Moshe Tennenholtz

Ngôn ngữ: eng

Ký hiệu phân loại: 334.5 Consumer cooperatives

Thông tin xuất bản: 2020

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 164510

This paper studies cooperative data-sharing between competitors vying to predict a consumer's tastes. We design optimal data-sharing schemes both for when they compete only with each other, and for when they additionally compete with an Amazon -- a company with more, better data. We show that simple schemes -- threshold rules that probabilistically induce either full data-sharing between competitors, or the full transfer of data from one competitor to another -- are either optimal or approximately optimal, depending on properties of the information structure. We also provide conditions under which firms share more data when they face stronger outside competition, and describe situations in which this conclusion is reversed.
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